Post Utme Bowen University 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A company maintains a cash book and a general ledger. The cash book shows a balance of ₦100,000, and the general ledger shows a balance of ₦150,000. If the company's bank statement shows a balance of ₦120,000, what is the amount of the bank reconciliation difference?

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Bowen University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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